SIP Calculator
See what a monthly SIP could grow to, split into amount invested and returns.
How it works
Type the monthly amount, the expected annual return and the duration. The monthly rate is the annual rate ÷ 12, and each instalment grows for every month it stays invested, so earlier instalments earn more than later ones. At a 0% return the final value is simply the amount × the number of months.
i = annual rate ÷ 12 ÷ 100
FV = P × [((1 + i)^n − 1) ÷ i] × (1 + i)Example
₹5,000 a month at 12% a year for 10 years: i = 0.01 and n = 120. (1.01)^120 = 3.3004, so FV = 5,000 × 230.0387 × 1.01 = ₹11,61,695. You invest ₹6,00,000, so the estimated returns are ₹5,61,695.
Common mistakes
- Treating the expected return as a promise. Equity fund returns vary year to year; try a lower rate as well as the one you hope for.
- Comparing two SIP calculators without checking the timing. This one invests at the start of each month; a calculator that invests at month end shows a slightly lower value.
- Forgetting inflation. The final value is in future rupees, not today's purchasing power.
Results are estimates and are for informational purposes only.
About this calculator
Enter the amount you invest each month, the annual return you expect and how long you will keep going, in years or months. The calculator shows the total you put in, the estimated returns and the final value, with a chart of how the balance builds up year by year.
It assumes each instalment is invested at the start of the month and that the return compounds monthly (annual rate ÷ 12). The return is your own assumption and is held constant; real mutual fund returns move up and down. Fees, exit loads, taxes and inflation are not included.
Frequently asked questions
How is the SIP maturity amount calculated?
With FV = P × [((1 + i)^n − 1) ÷ i] × (1 + i), where P is the monthly amount, i is the annual rate ÷ 12 ÷ 100 and n is the number of months. For ₹5,000 a month at 12% for 10 years that gives about ₹11,61,695.
Does this calculator assume payments at the start or the end of the month?
The start of each month. Investing at month end would make every instalment earn one month less, so the same example would come to about ₹11,50,193 instead of ₹11,61,695.
Are the returns shown guaranteed?
No. The return rate is whatever you type in, applied as a constant rate every month. Actual market-linked returns change over time and can be negative in some periods.
Does it include fees, exit load or tax?
No. The result is the gross value at the rate you entered. Expense ratios, exit loads and tax on gains would reduce what you actually receive.
What does a 0% return give?
The final value equals the total invested, the monthly amount × the number of months, and the estimated returns are zero.